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template · 01-28-2006, 11:07 AM

getoutearly,

I don't completely understand the financial ramifications of your leaving early. Are you bound by golden handcuffs as I was?

I worked long enough in a job I disliked to retire at age 49 and start collecting pension right away. In contrast, there were coworkers who were unwilling to stay and left 1 to 5 years early. By my former employer's rules, those folks who left early have to wait until they are age 65 to collect their vested pensions.

As far as I know, the people who bailed out are still working at some job or another. Thank God I haven't had to work for 5 years. The monthly pension checks helped make that possible.

01-28-2006, 11:07 AM	#7
template Recycles dryer sheets Join Date: Aug 2005 Posts: 150	getoutearly, I don't completely understand the financial ramifications of your leaving early. Are you bound by golden handcuffs as I was? I worked long enough in a job I disliked to retire at age 49 and start collecting pension right away. In contrast, there were coworkers who were unwilling to stay and left 1 to 5 years early. By my former employer's rules, those folks who left early have to wait until they are age 65 to collect their vested pensions. As far as I know, the people who bailed out are still working at some job or another. Thank God I haven't had to work for 5 years. The monthly pension checks helped make that possible. __________________ Retired in 2001 at age 49.